RHB Retail Research
Trading Stocks - Malaysia Building Society
Malaysia Building Society is staging a breakout from the consolidation zone. A bullish bias may emerge above the resistance level of MYR0.68. If the stock breaks out from the resistance, we believe the bullish momentum may propel it towards the next resistance level at MYR0.72, followed by MYR0.76. Meanwhile, a downward breach of the MYR0.64 support will negate this expectation.
Source: RHB Securities Research - 25 Feb 2021
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